Nordic regulators ask ACER to decide upon aFRR capacity market proposal
The national regulation authorities in the Nordic countries have not achieved a common conclusion on the proposals for a Nordic aFRR capacity market and methodology for allocation of cross-zonal capacity, and they refer the proposals to ACER for decision. This will have an impact on the go-live date of the new market. The impact will be depending on the outcome and timing of the ACER process.
When the regulators do not find a common conclusion to a proposal, they send the proposal to ACER, according to the standard procedure. ACER should decide on the methodologies within six months. -The Nordic TSOs regret the further delay, as the delay will postpone the benefits of the new capacity market and the market players are already prepared to join in, NBM program director Jakob Aldrin says.
The Nordic TSOs submitted legal proposals for a common aFRR capacity market in April 2019, and amended proposals were submitted in December. -There has been a comprehensive regulatory approval process, involving the regulators in each of the Nordic countries, Aldrin explains. –We will contribute to the further process and do our best to provide necessary information.
The Nordic TSOs will provide further information about the implementation of the aFRR capacity market when they receive more detailed information about the ongoing approval process.